The U.S. House passes the CLARITY Act, defining the rules for digital currencies and their oversight.
The CFTC gains authority over digital commodities; the SEC retains oversight of securities.
The review in the Senate is as follows. If passed, it will reshape the regulation of digital currencies.
On a national level.
The U.S. House of Representatives has officially passed the Clear Digital Asset Market Structure Act, known as the CLARITY Act.
The law sets clear definitions for digital assets and divides regulatory oversight between the SEC and CFTC. Lawmakers voted to pass the law after days of political gridlock during 'Digital Currency Week.'
The CLARITY Act is passing through the House vote.
The law defines when a token is a security or a commodity. It allows projects to certify as 'mature blockchain networks,' reducing oversight if they are decentralized enough.
It also establishes registered categories with the CFTC for digital asset exchanges and brokers. These entities must meet strict standards regarding custody, AML, and transparency.
Importantly, the law creates a safe harbor for the issuance of digital commodities worth $75 million. Issuers must provide regular disclosures and comply with investor protection.
The law affirms individuals' right to self-custody of digital wallets. It also supersedes conflicting state laws, ensuring national regulatory consistency.
The CLARITY Act now heads to the Senate, where its future remains uncertain. Some Democrats have raised concerns about diminishing SEC authority.
However, its passage in the House represents the most comprehensive legislation for digital currencies in the United States to date. It provides much-needed regulatory clarity for projects, exchanges, and investors.
If approved by the Senate, the law will take effect as soon as it is signed by President Trump. His administration has expressed strong support for this measure.
This vote follows the House's prior approval of the GENIUS Act—a bill to regulate stablecoins—expected to be signed into law today.
What is the next step?
The Senate will now review the law. If approved, implementation will begin in 2026 through the rulemaking of the SEC and CFTC. The industry is awaiting final details.
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